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22 • JULY 2020 - Senior Voice of Citrus County
Financial
Don’t Let Fears Drive Your Investment Choices
Ron Francis III rates remained low. And even they are a normal part of the managed company with a solid
Financial Advisor the recent events may have log-term investing process. business plan that produces
Edward Jones a bright side: The drop in oil So, given these factors, how quality products and services
Investments prices will likely reduce prices is going to be that same
Inverness, Fl at the gas pumps, leading to should you respond to the company after the coronavirus
Ron.Francis@ more money in the pockets of current situation? Instead of and oil price panics subside –
edwardjones.com consumers, which, in turn, can simply selling your stocks to and right now, that company’s
First, the coronavirus rocked boost spending, a key driver cut your losses, review your stock shares may be “on sale.”
the financial markets. Then, oil of our economy. And the portfolio to see if it is properly
prices dropped more than 20 large decline in interest rates balanced between stocks, While it’s not easy for you
percent after a breakdown in will make home purchases bonds and other investments to look at your investment
OPEC production discussions. and mortgage refinancing in a way that reflects your statements today, remember
Not surprisingly, the markets even more attractive – again, goals, time horizon and risk that you’re investing for goals
took another nosedive. Yet, positive moves for the tolerance. Those investors that may be decades away.
despite these events, this economy. with properly balanced By keeping your eyes on this
recent market volatility may * We’ve been here before. portfolios are not seeing the distant horizon, so to speak,
well be attributed more to fear From the time the markets same level of decline as those you’ll be less likely to over-
than the forces that usually bottomed out in early 2009 whose holdings are almost react to the news of the day
drive the markets. Ultimately, until just a few weeks ago, entirely in stocks. And while – and more likely to follow
in the investment arena, as in stock prices climbed about 300 diversification can’t guarantee a long-term strategy that can
all walks of life, facts matter. percent. Yet, during that time, profits or protect against all work for you.
And right now, if you look we also saw three separate losses, it can help reduce the This article was written by
beyond the headlines, the facts market drops of more than 15 impact of volatility. Edward Jones for use by your
that matter to investors may be percent, like what we’re seeing Here’s another suggestion: local Edward Jones Financial
far less gloomy than you might now. These market corrections Look for good buying Advisor.
have imagined. always feel unsettling, but it’s opportunities, because they Edward Jones. Member SIPC.
So, here are some things to important to recognize that certainly are out there. A well-
keep in mind over the next
several weeks:
* This isn’t 2008. If you were
an investor in 2008, you well
remember the market crash
that resulted from the bursting
of the housing bubble, which
had severe ripple effects
throughout the economy. The
situation is different now.
While it’s quite likely that the
U.S. economy will take a hit
in the short term, the overall
economic fundamentals were
strong before the coronavirus
came along and may indeed
prove resilient enough to Ron Francis III edwardjones.com
Financial Advisor
withstand the recent shocks. Member SIPC
Specifically, the labor market 2619 E Gulf To Lake Hwy #A2
Inverness, FL 34453-3216
conditions were the best in 352-341-0579
decades, housing activity MKT-1952G-A
was improving, and interest
